Bad Loans At U.S. Banks Spiked 149% In Crisis

Bad assets at more than 8,000 U.S. banks surged 149% in 2008, when the financial crisis began, according data from the Federal Deposit Insurance Corp. analyzed by Msnbc.com and the Investigative Report Workshop at American University.

29 Apr 2011

Bad assets at more than 8,000 U.S. banks surged 149% in 2008, when the financial crisis began, according data from the Federal Deposit Insurance Corp. analyzed by Msnbc.com and the Investigative Report Workshop at American University. The analysis also found that 70% of the banks were less prepared
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